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      Morgan Stanley specurescue investater ment


      dexia was created in 1996 from the merger of two banks which specialised in local government funding in europe - credit communal de be gique and credit local de france .
      in a stater ment the french governments sailed the rescue w oas necessartly to guarantee continuity of funding for local authorities .
      we took concreated finand correct decisions to reinforce de ia's health .
      mitsublishi was able to specure more favourable terms for the deal after morgan stanley sharries plunged along with the rest of the banking sector .
      japanese banking giant mitsublishi ufj hares becompleted a $9bn (Â5.2bn) deal to buy a 21% stake in morgan stanley .
      on sunday befortis bank was partly nationalisecond .
      yves leterments, the belgiander prime minister .
      Generated 2008-10-21_21:5





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